Atlassian (NASDAQ: TEAM) CEO trust reports 10b5-1 share sales activity

Rhea-AI Filing Summary

Atlassian Corp insider filing reports pre-planned share sales tied to CEO and co-founder Michael Cannon-Brookes. On January 14, 2026, Class A common stock of Atlassian was sold in several transactions coded "S" (sale) and reported as indirectly owned. The shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust, rather than directly by Cannon-Brookes.

The trades were executed in multiple lots, including 1,589 shares at a weighted-average price of $131.8762 per share, with other lots reported at weighted-average prices such as $132.6376 and $137.5933. All transactions were carried out under a Rule 10b5-1 trading plan adopted on February 20, 2025. Following the reported sales, the filing shows 398,580 Atlassian Class A shares indirectly beneficially owned.

Insider Trade Summary

Net Seller: 7,665 shares ($1,024,507)

Net Sell 6 txns

Insider Cannon-Brookes Michael

Role CEO, Co-Founder

Sold 7,665 shs ($1.02M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	1,589	$131.8762	$210K
Sale	Class A Common Stock	2,290	$132.6376	$304K
Sale	Class A Common Stock	300	$136.5583	$41K
Sale	Class A Common Stock	600	$137.5933	$83K
Sale	Class A Common Stock	1,600	$133.8554	$214K
Sale	Class A Common Stock	1,286	$134.9328	$174K

Holdings After Transaction: Class A Common Stock — 404,656 shares (Indirect, See Footnote)

Footnotes (1)

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025. This transaction was executed in multiple trades during the day at prices ranging from $131.23 to $132.21. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust. This transaction was executed in multiple trades during the day at prices ranging from $132.24 to $133.18. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $136.00 to $136.86. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $137.23 to $138.02. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $133.46 to $134.31. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades during the day at prices ranging from $134.49 to $135.40. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cannon-Brookes Michael

(Last) (First) (Middle)

C/O ATLASSIAN CORPORATION

350 BUSH STREET, FLOOR 13

(Street)

SAN FRANCISCO CA 94104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Atlassian Corp [ TEAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Co-Founder

3. Date of Earliest Transaction (Month/Day/Year)
01/14/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	01/14/2026		S(1)		1,589	D	$131.8762(2)	404,656	I	See Footnote(3)
Class A Common Stock	01/14/2026		S(1)		2,290	D	$132.6376(4)	402,366	I	See Footnote(3)
Class A Common Stock	01/14/2026		S(1)		300	D	$136.5583(5)	402,066	I	See Footnote(3)
Class A Common Stock	01/14/2026		S(1)		600	D	$137.5933(6)	401,466	I	See Footnote(3)
Class A Common Stock	01/14/2026		S(1)		1,600	D	$133.8554(7)	399,866	I	See Footnote(3)
Class A Common Stock	01/14/2026		S(1)		1,286	D	$134.9328(8)	398,580	I	See Footnote(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025.

2. This transaction was executed in multiple trades during the day at prices ranging from $131.23 to $132.21. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

3. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.

4. This transaction was executed in multiple trades during the day at prices ranging from $132.24 to $133.18. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

5. This transaction was executed in multiple trades during the day at prices ranging from $136.00 to $136.86. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

6. This transaction was executed in multiple trades during the day at prices ranging from $137.23 to $138.02. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

7. This transaction was executed in multiple trades during the day at prices ranging from $133.46 to $134.31. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

8. This transaction was executed in multiple trades during the day at prices ranging from $134.49 to $135.40. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

Remarks:

	/s/ Veena Bhatia, Attorney-in-Fact for Cannon-Brookes Michael	01/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Atlassian (TEAM) disclose in this Form 4 filing?

The filing reports several sales of Atlassian Class A common stock on January 14, 2026, coded as open market sales ("S") and reported as indirectly owned by the reporting person.

Who is the reporting person in this Atlassian (TEAM) insider transaction?

The reporting person is Michael Cannon-Brookes, identified as CEO, Co-Founder, director and 10% owner of Atlassian Corp.

Who actually holds the Atlassian shares sold in this Form 4?

According to the footnotes, the shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust, and are reported as indirect beneficial ownership.

Were the Atlassian (TEAM) insider sales made under a Rule 10b5-1 plan?

Yes. A footnote states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2025.

What prices were Atlassian Class A shares sold for in this Form 4?

The filing reports weighted-average sale prices including $131.8762, $132.6376, $136.5583, $137.5933, $133.8554, and $134.9328 per share, each representing multiple trades within specified intraday price ranges.

How many Atlassian shares does the insider indirectly own after these sales?

After the final reported transaction, the filing shows 398,580 shares of Atlassian Class A common stock beneficially owned indirectly.

What is the ownership form of the reported Atlassian (TEAM) shares?

All reported positions in this filing are listed as indirect ownership ("I"), with the nature of ownership described in the footnote referencing the Cannon-Brookes Head Trust.